When Nalin Kumar Kateel’s old claim about the rupee touching ₹15 per US dollar started circulating again, many people began asking the same question: What was the logic behind it?
Today, the rupee is far from that number. So the questions that need to be asked are simple and direct:
1. Mr. Kateel, what calculation or plan supported the idea of ₹15 per dollar?
2. Was there any economic roadmap for such a big change?
3. If the claim was not realistic, why was it said with confidence?
4. Now that the rupee has weakened, what is the explanation?
People who believed the claim also need to ask themselves:
Why did we accept such a huge promise without demanding details?
Economics does not work on faith. It works on policy, numbers, and reality.
And today’s reality does not match the old claim.
Asking these questions is not wrong.
It is necessary.
